Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Chevron Corp. is on the cusp of reaching a production plateau in the largest US oil field, allowing it to reap billions of ...

Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival ...

Chevron has reached its long-term production goal in the Permian Basin and is now shifting to a cash-focused strategy, impacting the broader US shale industry.

ExxonMobil and Chevron said they planned to spend more and produce more oil in the Permian Basin of southeast New Mexico and West Texas.

Chevron CVX and ExxonMobil XOM are two of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The Permian Basin has become a ...

Chevron corrects layoff figures to 200 in Midland, Texas, happening by July 15, 2025. Offers severance and transition assistance to impacted employees.

Chevron plans to lay off 200 employees in the Permian Basin, less than the 800 previously reported by the Texas Workforce Commission, the company said May 29.

Chevron Corp. (NYSE: CVX) plans to lay off approximately 200 employees in Texas on July 15 as part of a sweeping global restructuring plan that will eliminate up to 20% of its workforce by 2026. The ...

Chevron will lay off nearly 200 workers in Texas' Permian Basin as part of global workforce reduction, aiming to cut costs by up to $3 billion by 2026.

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